Track market-moving stories before they get noisy

XRP investors who anticipate immediate price surges following each major Ripple development may need to reconsider their expectations, according to comments from wealth strategist Arthur.

Ripple’s leadership prioritizes payments infrastructureArthur emphasized that Ripple CEO Brad Garlinghouse and company president Monica Long remain dedicated to building cross-border financial infrastructure instead of closely monitoring the daily market value of XRP. Ripple, headquartered in San Francisco, is known for its suite of solutions designed to facilitate instant global payments using blockchain technology.

In a widely shared post, Arthur stated that the company’s executives focus on competing with established financial systems and processing high-value settlements, rather than making decisions based on individual holders’ portfolios.

Brad Garlinghouse and Monica Long are building a global payment infrastructure, competing with legacy systems, settling trillions, and moving capital across borders in seconds – they’re not starting each day thinking about the XRP community’s portfolio.

Arthur added that price increases in XRP should be seen as a possible outcome of Ripple’s broader business progress, rather than its core mission. He cautioned that investors may feel let down when key milestones do not immediately affect XRP’s price, particularly if they focus only on short-term performance averages.

He encouraged community members to treat Ripple primarily as a company dedicated to financial infrastructure. According to Arthur, investors should interpret XRP as a long-term infrastructure play, not as a short-term speculative asset.

Debate over XRP’s value accrual and investor expectationsSome community members echoed Arthur’s stance but also highlighted the need for Ripple to further clarify how its corporate growth could translate to value for XRP holders. One user, OptimaPs, agreed with Arthur’s perspective but noted that aligning with Ripple’s vision should not require investors to adopt the same timetable as the company. OptimaPs argued that Ripple’s progress and the interests of XRP holders remain inherently related, as in traditional equity markets.

Another participant, Alew, concurred with Arthur’s assessment “for the most part” but raised concerns regarding Ripple’s transparency. Alew questioned whether Ripple communicates effectively about how its business activities, such as the focus on RLUSD or other new initiatives, would produce value for the XRP token itself.

Alew compared Ripple’s communication practices to other blockchain projects such as Canton Network, led by Yuval Rooz, which provide more frequent updates about token value accrual mechanisms. The commenter suggested that clear tokenomics and direct communication remain essential for XRP investors to understand the pathway from Ripple’s business developments to potential increases in XRP’s market value.

Arthur’s post thus reinforces the distinction between Ripple’s corporate objectives and the expectations of XRP holders. He maintained that investors should evaluate Ripple’s progress based on the expansion of its payment infrastructure, rather than expecting every announcement to influence XRP’s market price dynamics.

Mini dictionary: Canton Network, a blockchain platform led by Yuval Rooz, focuses on secure, interoperable financial solutions for institutional participants, differentiating itself through regular communication about project tokenomics.

Ripple’s infrastructure priorities mean that immediate price movements in XRP should not be the sole yardstick for measuring the company’s progress.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.

XRP whales increasing holdings Whale accumulation on the XRP Ledger (XRPL) is accelerating, with the number of wallets holding between 100 million and 1 billion XRP rising sharply to represent 11.79%% of the circulating supply as of Friday, up from 11.65% the day before. 

Investors with between 10,000 and 100,000 XRP are also stacking the token despite the ongoing selling. According to Santiment, this cohort of whales holds 11.86% of the circulating supply so far on Friday. Continued risk-on behavior could drive increased demand, effectively offsetting selling pressure and supporting a sustained market recovery.

XRP Supply Distribution | Source: Santiment Meanwhile, risk appetite has improved but only marginally, with sentiment currently in the Fear territory at 29, up from 25 in the Extreme Fear territory on Thursday, according to the Fear & Greed Index. If sustained, strong sentiment would mean risk assets are attractive to investors, thus raising the odds of a sustained recovery.

Crypto Fear & Greed Index | Source: AlternativeTechnical analysis: XRP retains a broad bearish outlookXRP trades at $1.03, keeping a clear bearish near-term bias as price holds beneath the downward resistance trendline at $1.06 and all key Exponential Moving Averages (EMAs). The 50-day EMA at $1.11, clustered with the SuperTrend line at $1.11, reinforces the notion of overhead supply, while the 100-day and 200-day EMAs at $1.19 and $1.39, respectively, frame a broader downtrend.

Momentum remains weak, with the Relative Strength Index (RSI) hovering near 37 and the Moving Average Convergence Divergence (MACD) in negative territory and below its signal line, suggesting sellers retain control.

XRP/USDT daily chartInitial resistance aligns at the former break area of the descending trendline around $1.06, followed by a dense technical ceiling around the 50-day EMA and the SuperTrend barrier at $1.11. Above that, the 100-day EMA at $1.19 is the next hurdle before the longer-term bearish structure defined by the 200-day EMA at $1.39 comes into play. Further declines would leave XRP searching for fresh demand zones at $1.00, unless buyers first reclaim the $1.06 region to ease immediate downside pressure.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.

A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.

Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.

Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.

XRP analyst ChartNerd has identified what could be a repeating historical pattern in XRP’s price, suggesting the cryptocurrency may be nearing a significant market phase if the trend continues. The observation, shared on X, highlights how XRP’s price structure historically forms a so-called “spring” before experiencing sharp gains.

ChartNerd applies Wyckoff method to XRPChartNerd, an active cryptocurrency market commentator, shared a chart comparing XRP’s price action from 2013 to its projected trajectory through upcoming years. The chart points to a series of “spring” formations—moments when XRP briefly dipped before launching into stronger upward moves.

The current price structure places XRP above a long-term rising trendline, with the latest spring pattern emerging just above the $1 level. The projection on ChartNerd’s chart depicts a possible period of sideways consolidation, followed by a projected rally toward $3.80 by 2028.

The analysis draws on the Wyckoff method, a technical framework for reading market cycles, accumulation, and distribution phases through price and volume patterns.

Mini dictionary: Wyckoff method, a technical analysis approach developed by Richard Wyckoff that interprets market behavior through patterns of accumulation (buying), distribution (selling), and phases of markup and markdown.

ChartNerd’s projection is not a confirmed prediction, but rather an interpretation of historical market behavior that relies on sustained buying pressure for any potential breakout.

ChartNerd’s chart marks major spring phases throughout XRP’s history, illustrating a recurring tendency for the price to sink before recovering and entering a rally. The latest pattern appears near present-day price action, raising speculation about a new uptrend.

The post has prompted debate among traders and community members about the reliability of historical patterns under current conditions. Some users questioned how long XRP might remain in its present consolidation phase, with the X user Xeowolf disagreeing that the market would need to wait until 2028 for any substantial price moves. Others argued the cryptocurrency could gain much sooner than projected.

Another user, Defender, pointed out several major differences between earlier and present market contexts. Defender cited the introduction of potential spot XRP exchange-traded funds (ETFs), new treasury management approaches involving XRP and RLUSD, clearer regulatory guidelines, and increased tokenization activity as key factors potentially reshaping the outlook for XRP’s performance.

Mini dictionary: RLUSD, short for Ripple USD, is a stablecoin issued by Ripple pegged to the US dollar and designed for enterprise payments and on-chain liquidity.

User JD123 suggested that upcoming cryptocurrency legislation, such as the CLARITY Act in the United States, may shorten the timeline for any potential breakout, proposing that new regulations could accelerate a shift away from the current rangebound movement.

The community’s discussion emphasizes that while historical chart patterns have appeared before, evolving products and regulations could impact XRP’s market behavior and shorten or alter the projected cycle.

Critical factors influencing the current setupChartNerd continues to track the resemblance between past and present chart patterns, identifying potential “spring” moments that have previously preceded major gains. However, community responses highlight that external developments—such as institutional adoption, stablecoin integration, regulatory clarity, and the growth of tokenized assets—are likely to play a significant role in XRP’s next phase.

Continued speculation surrounds whether market conditions will repeat or diverge from previous major moves. While the Wyckoff framework remains a common lens for technical analysts, some observers remain cautious about direct comparisons given the rapid evolution of the crypto market.

FactorPast XRP CyclesCurrent XRP MarketSpot ETF availabilityNot availablePotentially launchingStablecoins (e.g., RLUSD)Not presentDevelopment underwayRegulatory climateUncertainImproved clarityTokenization sectorLimitedExpandingDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

J.A. Akinyele, Senior Director of Engineering at Ripple, has been named one of the speakers for the upcoming XRP event, XRP Seoul 2026. The official XRP Seoul 2026 event X account announced this in a recent post.

Akinyele, the Senior Director of Engineering at Ripple, leads the development of AI, privacy, scalability, and institutional-grade infrastructure for the XRP Ledger and is well-positioned to speak about what comes next for the XRPL ecosystem, driving innovation to advance the next generation of decentralized finance.

The XRP Ledger has just welcomed a major upgrade, version 3.3.0, which introduced six amendments for voting as well as major non-feature amendment changes.

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We're honored to welcome @ja_akinyele ,Senior Director of Engineering of @Ripple.

Ayo Akinyele is the Senior Director of Engineering at Ripple, where he leads the development of AI, privacy, scalability, and institutional-grade infrastructure for the XRP Ledger. With more than… pic.twitter.com/PsamQwbQA7

— XRP Seoul 2026 🇰🇷 (@XRPSEOUL) August 7, 2026 Akinyele joins a rich speaker list for the XRP Seoul event, including Ripple President Monica Long, Markus Infanger, SVP of RippleX, and Chandler Fang, Founder of t54ai.

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The XRP Seoul 2026 event, hosted by XRPL Korea with Ripple as Title Sponsor, is scheduled to be held on October 3 at Grand Hyatt Seoul.

XRP Ledger 3.3.0 arrivesXRP Ledger version 3.3.0 has launched, introducing six new amendments for voting, including Confidential Transfer, Batch, Sponsor, Permission Delegation, Dynamic MPT, and fixCleanup, which includes bundled fixes.

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RippleX

software engineer Mayukha Vadari outlined non-feature-amendment changes in the XRPL version release, including over a 15% reduction in memory usage, improved online_delete performance, and 60 fixes for bugs uncovered by the AI red team effort.

Other changes include assorted small fixes in the fixCleanup3_3_0 amendment, such as deleting expired credentials in Permissioned DEX trades; improved invariants that ensure the XRPL is behaving the way it should; an upgrade from C++20 to C++23; several old amendments that have been activated for over 2 years, such as Clawback, retired to simplify the codebase; and test coverage increased across the repo from 82% to 82.9%.

Vadari added that a large number of little fixes, refactors, and improvements across the codebase and build system were introduced through the upgrade, which are relatively invisible to users and operators but help make xrpld incrementally better and easier to maintain.

XRP remains under sustained selling pressure against both USDT and BTC, with the higher time frame structure continuing to favor the bears. The latest breakdown below the key horizontal support reinforces the prevailing downtrend and leaves the market vulnerable to another leg lower unless buyers quickly reclaim the lost levels.

Ripple Price Analysis: The USDT Pair On the XRP/USDT chart, the price continues to trade inside a well-defined descending channel while remaining below the 100-day and 200-day moving averages. The 100-day MA has acted as a close dynamic resistance throughout the decline, while the 200-day MA continues to trend lower well above the current price, highlighting the weakness in the broader trend.

A potential breakdown of the $1-$1.05 support zone marks an important bearish development. This area has repeatedly attracted buyers over the past several weeks, but a breakdown would suggest demand is fading. If XRP breaks below this level, sellers will be in even more control.

The next major support sits around the $0.90 region, which should be defended at all costs. On the upside, the first resistance is the $1.25 zone, which is located between the key moving averages and just above the descending channel’s upper boundary. The broader resistance remains around $1.50, where previous distribution occurred.

Meanwhile, momentum also favors the sellers. The RSI has dropped toward the lower portion of its range without yet showing a convincing bullish divergence, suggesting downside momentum remains dominant despite approaching oversold territory.

The BTC Pair The XRP/BTC pair paints an even weaker picture. The price has broken below the critical horizontal support around 1,700 sats, confirming a continuation of the prevailing downtrend after several weeks of sideways consolidation. The failed attempts to reclaim this level indicate that previous support has now turned into resistance.

The pair also remains below all major moving averages, with the 100-day average trading beneath the longer-term one, reinforcing the bearish market structure. Meanwhile, the asset continues to respect the descending channel that has guided the decline for several months.

The next area of interest is the lower support zone around 1,500 sats, which also coincides with the lower boundary of the descending channel. This region could attract buying interest, but a failure to hold it would be disastrous and further aggravate the bear market.

On the other hand, to improve the technical outlook, XRP would first need to reclaim the 1,700 sats level before challenging the 1,850 sats resistance zone. A stronger trend reversal would only become more likely if buyers also break above the descending channel resistance and push beyond the cluster of moving averages, which currently remain well overhead.

Overall, both XRP/USDT and XRP/BTC continue to display bearish market structures. While the price is approaching notable support areas that could trigger a short-term relief bounce, the broader trend remains negative until XRP begins reclaiming key horizontal levels and breaks above its long-term descending resistance.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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XRP’s recent price movement indicates sustained bearish momentum in the market, as sellers control direction and traders assess whether the crucial $1.00 level can withstand persistent downward pressure. This environment developed after Ripple‘s token closed at its lowest daily level so far in 2026, extending a multi-week downward trend.

XRP price today faces growing technical pressureXRP was trading close to $1.04 after falling beneath both short- and medium-term moving averages. On TradingView, analysts highlighted a bearish Break of Structure (BoS) after XRP lost support at the $1.0473 swing low, pointing to a market structure that continues to work against buyers.

According to technical analysis, the 21-period Exponential Moving Average (EMA), currently near $1.0527, and the 55-period EMA, hovering around $1.0669, have become resistance zones for XRP. The analyst emphasized that a bearish continuation pattern could solidify if the price is rejected between $1.0473 and $1.0527 or if XRP records another four-hour close below approximately $1.0261.

If selling momentum intensifies, $1.015 is identified as the next liquidity target, with the $1.00 psychological mark acting as the most significant downside objective. However, analysts indicated that a sustained four-hour candle above the 55 EMA would shift the outlook away from its current bearish stance.

Moving AveragePrice LevelStatus21-period EMA$1.0527Resistance55-period EMA$1.0669ResistanceSupport (liquidity target)$1.015Potential supportPsychological support$1.00Major support$1.05 turns from support into resistanceChartNerdTA, a crypto market observer, noted that XRP validated a bearish scenario first published on July 31 after XRP closed near $1.02, marking the lowest daily close seen in 2026. The chart displays repeated failures to move above the 20-day and 50-day EMAs and unsuccessful attempts to reclaim the $1.16-$1.24 resistance region. These signals highlight persistent selling interest despite market expectations for a potential relief rebound.

ChartNerdTA expects that any recovery will be limited unless XRP recaptures major resistance levels, leaving the market exposed to a possible revisit of the $1.00 area.

XRP continues to struggle below former support at $1.05, with failed attempts to regain the $1.16–$1.24 zone, keeping sellers firmly in control.

Why the $1.00 level matters for XRP outlookIndependent analyst Rocksorgate described XRP as approaching a decisive point for 2026, with the token currently trading close to a significant long-term support zone. The analyst noted the breakdown of the $1.05 horizontal support carried particular importance, as this level limited downside movement for several months before turning into resistance.

Rocksorgate indicated that $1.00 represents not only a major psychological milestone but also closely aligns with the 0.618 Fibonacci retracement level from XRP’s broader multi-year rise.

“If $1.00 snaps on high volume, the bullish market structure breaks completely.”

The analysis pointed out that balances on exchanges continue to decline, with large wallets accumulating over 100,000 XRP while retail involvement falls. This split suggests that institutional-scale traders may be building positions during market weakness.

Mini dictionary: Fibonacci retracement, a technical analysis tool that helps identify potential support and resistance levels by measuring price retracement percentages based on mathematical ratios derived from the Fibonacci sequence. The 0.618 (61.8%) level is particularly important in assessing possible reversal points.

Technical indicators remain bearish despite oversold signalsTradingView’s latest technical summary shows a mixed perspective for XRP. Oscillator indicators such as the Relative Strength Index (RSI) hover near 38, approaching oversold territory but without a firm reversal signal. Momentum indicators remain inconclusive, while the Moving Average Convergence Divergence (MACD) continues to flag a bearish setup.

Major moving averages—including the 10- through 200-period EMAs—persist in delivering sell signals across timeframes, reflecting ongoing weakness. Pivot point analysis places XRP beneath its central pivot, with significant support at $1.026 and firmer support seen just below $0.99 if downward pressure persists.

Long-term outlook for XRPDespite near-term pressure, ChartNerdTA maintains that past cryptocurrency market cycles provide a constructive long-term outlook for XRP, though immediate conditions remain challenging.

Historical analysis spanning back to 2012 suggests XRP’s strongest rallies have tended to follow steep declines of 70–90% and long intervals of underperformance compared to Bitcoin. These periods have often been followed by significant rallies once broader sentiment improves and the cycle matures.

Although the long-term pattern does not guarantee future performance, it gives context for why some investors are monitoring XRP closely, even as it continues to face a sharp correction. Analysts agree that buyers must defend the $1.00 level and reclaim key resistance above $1.05 before technical conditions turn favorable.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Crypto Market Update August 7: Cardano Leads Gains, XRP Extends Losses as Weekly ETF Inflows Near $1B

Crypto analyst Dark Defender has publicly declared that the CLARITY Act will secure XRP’s status as a commodity in United States law, making future reversals by the Securities and Exchange Commission (SEC) impossible. He shared strong confidence that the U.S. Senate will pass the legislation soon, directly endorsing its swift approval.

Dark Defender voices confidence in SenateDark Defender articulated unwavering belief in the Senate at a time when the vote on the CLARITY Act remains unscheduled, with the August recess approaching. His conviction comes despite ongoing uncertainty about the bill’s path to a floor vote.

“Clarity Act will write XRP’s commodity status into LAW, a permanence that no future SEC chair could undo. I trust the US Senate will pass it shortly.”

Dark Defender, known for his analyses on social media, firmly asserted that the bill’s passage would make XRP’s legal status “untouchable,” shielding it from future regulatory changes by new leadership at the SEC. His comments addressed growing anticipation within the cryptocurrency community regarding the legal foundation for XRP and similar digital assets.

Status and hurdles of the CLARITY ActThe CLARITY Act requires 60 Senate votes for passage. The current tally stands at 51 confirmed supporters, including signals from 7 to 10 Democratic senators. Collecting 9 Democratic votes would be sufficient to meet the threshold.

Required VotesConfirmed SupportDemocrats Signaling Support60517-10The bill’s main obstacle is a dispute regarding whether state attorneys general should be authorized to sue the Department of Justice over ethics enforcement. Republican senators and the White House oppose this provision, while Democratic senators continue to push for it. Senators Tom Tillis and Ruben Gallego are engaged in negotiations to find a resolution.

Former Fox Business journalist Eleanor Terrett recently stated that a breakthrough could be imminent, but noted that approval from President Donald Trump will be necessary for the bill to move forward. August 7 marks the final scheduled Senate workday before the recess, and a cloture motion filed today means the earliest procedural vote would occur on Friday, unless all senators agree to an earlier date.

Senator Cynthia Lummis mentioned the possibility of keeping the Senate in session over the weekend to conduct a vote if needed.

Mini dictionary: CLARITY Act, a proposed U.S. law aimed at explicitly classifying certain digital assets such as XRP as commodities, clarifying the boundaries between the SEC and CFTC on digital asset oversight.

Dark Defender’s statement sparked a divided response from the XRP community. Some investors remain optimistic, speculating that a Senate vote could take place as soon as Friday or Saturday, and expressing hope for positive price movement in XRP if the bill passes. Supporters point to Senator Lummis’s remarks about extended Senate sessions as a reason for optimism.

Some community members have discussed the possibility of a weekend vote, suggesting Senate leaders could act quickly if a compromise is reached.

In contrast, skeptics doubt the Senate will act before the recess, citing ongoing institutional disagreements and perceived delays. Some have voiced distrust toward the Senate and questioned whether the U.S. is intentionally slowing progress to allow international competitors to move ahead in the digital asset sector.

XRP’s legal status and timelineEarlier this year, both the SEC and the Commodity Futures Trading Commission (CFTC) identified XRP as a commodity rather than a security. If the CLARITY Act passes, this status would be enshrined in federal law and protect XRP from future regulatory changes by the SEC. Senator Lummis cautioned that failure to pass the bill could postpone new crypto regulations until 2030, urging lawmakers to act swiftly.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Ripple has minted 811,026 RLUSD, a US dollar-backed stablecoin, on the XRP Ledger. This latest issuance increased RLUSD’s total circulating supply, making it the largest stablecoin by volume on the network. XRPScan data confirmed the minting under ledger 106,109,031, which was finalized at 7:37 IST on August 6.

Details of the RLUSD IssuanceThe RLUSD tokens were issued from Ripple’s dedicated stablecoin account on the XRP Ledger and delivered to a designated destination wallet. The process employed a three-signer multisignature setup to enhance transaction security, a common practice for institutional-grade cryptocurrency operations. The minting fee amounted to 0.000405 XRP, and the full amount reached its intended account without deductions.

Ripple has not disclosed the specific reason for this new RLUSD issuance. Stablecoin providers typically mint additional tokens to meet exchange liquidity demands, support treasury operations, or satisfy user issuance requests. These actions generally aim to maintain stability and accommodate an expanding user base.

Fresh RLUSD mint just hit the XRPL. 811,026 RLUSD minted straight from the issuer wallet with multi-sig security. Liquidity keeps flowing in on-chain.

The RLUSD stablecoin has rapidly expanded its presence on the XRP Ledger over recent months. In July, RLUSD accounted for more than half of the network’s total stablecoin supply, outpacing other dollar-pegged cryptocurrencies built on XRPL.

The increased minting has paralleled a significant uptick in trading activity. Since launch, RLUSD has accumulated over $2.5 billion in trading volume, moving it ahead of competing stablecoins within the XRP Ledger ecosystem.

Ripple is a US-based blockchain technology company known for creating solutions in cross-border payments and digital asset management. The company’s RLUSD stablecoin aims to provide a secure, on-chain US dollar equivalent for fast and efficient transactions on XRPL.

Mini dictionary: Multisignature (multi-sig) – A security system requiring multiple private keys to authorize a single cryptocurrency transaction, offering enhanced protection against unauthorized transfers and single points of failure.

StablecoinLatest Supply MintedTotal Market Share (July)Cumulative Trading VolumeRLUSD811,026>50%$2.5 billion+Other XRPL StablecoinsNot reported<50%Not reportedIndustry analysts have noted that increased supply does not automatically guarantee adoption for a stablecoin. Success in the marketplace often depends on liquidity, exchange support, regulatory status, and practical use cases among users. RLUSD’s momentum on XRP Ledger demonstrates the importance of community and user backing.

Expectations for RLUSD’s Future GrowthThe broader market context shows that dollar-backed stablecoins like USDT and USDC are popular across multiple blockchain networks. These assets are commonly used for trading liquidity, digital remittances, and decentralized finance applications.

RLUSD’s recent growth on XRPL highlights shifting trends in on-chain stablecoin competition. The minting of 811,026 RLUSD supports continued expansion of Ripple’s dollar-backed asset within the network.

Stablecoins compete on liquidity, exchange access, regulatory clarity, and utility. With RLUSD reaching the largest supply in XRPL’s market, its next phase will be shaped by exchange adoption and user demand.

Future adoption will depend on further integrations by applications, exchanges, and users, as well as the ongoing evolution of the XRP Ledger’s stablecoin ecosystem.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

XRP is maintaining its position above a key support level, drawing interest from traders monitoring for signs of a potential bullish reversal. The cryptocurrency is navigating mixed technical indicators, while a recent move by Grayscale has shifted additional attention to the asset’s role among institutional investors.

Technical picture and price outlookXRP is currently trading at $1.04 with a 24-hour trading volume of $1.32 million and a market capitalization of $65.31 billion. Over the past day, the price registered a decrease of 1.77%. However, some analysts view the overall structure and rising institutional demand as signals for a possible reversal in the near future.

Market analyst EGRAG CRYPTO identified that XRP remains near the crucial $1.05 support after the completion of a three-day symmetric triangle breakdown pattern. This formation, marked by several gravestone doji candlesticks and a loss of triangle support, prompted warnings from some traders. They stressed the importance of buyers holding this level to prevent additional declines.

Technical traders noted significant resistance points that could shape short-term price action, including $1.11, $1.21, $1.28 to $1.30, and $1.38. Analysts indicated that a decisive close above the $1.50 to $1.51 zone for at least three days could nullify bearish patterns and potentially mark the beginning of a new price trend for XRP.

In the absence of such a breakout, some predict that XRP could revisit targets around $0.88 based on current chart formations.

XRP continues to trade just above critical support levels, with market participants pointing to $1.50 as a key threshold that could spark renewed bullish momentum if decisively breached.

Grayscale ETF rebalance spotlights XRPData from BankXRP revealed that Grayscale, one of the cryptocurrency industry’s largest institutional asset managers, has submitted a Form 8-K concerning its CoinDesk Crypto 5 ETF (GDLC). This filing signaled the completion of a routine quarterly portfolio review, with the fund now entering its scheduled rebalancing phase.

The rebalancing is based on the CoinDesk 5 Index (CD5) methodology, which ranks assets by market capitalization and liquidity.

Mini dictionary: CoinDesk Crypto 5 Index (CD5), a benchmark tracking the five largest and most liquid digital assets, used for constructing portfolios and ETFs.

As a result, XRP now stands alongside Bitcoin, Ethereum, Solana, and BNB within the ETF as investors await updated asset weightings. Any increase in XRP’s fund allocation may indicate growing interest from institutional players and underscore the token’s strengthening industry presence.

AssetCurrent Position in GDLCBitcoin (BTC)Top holdingEthereum (ETH)Major holdingSolana (SOL)IncludedBNBIncludedXRPIncludedMarket sentiment and institutional impactDespite the positive expectations surrounding institutional demand and fund adjustment, XRP’s price has been trending downward in line with broader crypto market movements. Bitcoin’s decline has contributed to a more cautious sentiment across digital assets.

XRP remains at a critical turning point. The focal question is whether it can hold above support and return to the $1.50 level. A convincing move higher may trigger further bullish momentum and draw additional institutional capital, especially if Grayscale adjusts its holdings upward.

Traders are closely monitoring whether a breakout can attract more institutional inflows as Grayscale’s ETF rebalancing shines a spotlight on XRP’s evolving role in crypto portfolios.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

In big XRP news today, Ripple has officially released a major upgrade to the XRP Ledger (XRPL). The upgrade introduces six key amendments that focus on strengthening privacy, settlement efficiency, operational controls, and asset management.

It comes as part of Ripple’s latest roadmap, placing tokenized real-world assets (RWAs) at the center of its institutional strategy.

XRP Ledger v3.3.0 Upgrade to Boost Ripple’s Position RWA Tokenization Ripple and XRP Ledger Operations announced xrpld v3.3.0 upgrade, the reference server software that powers the decentralized XRP Ledger (XRPL) network. It marks a major milestone for the XRPL network, positioning the blockchain for greater institutional RWA tokenization use cases.

The upgrade introduces major amendments, along with bug fixes and build improvements. As CoinGape reported earlier, RippleX’s head of product Jazzi Cooper confirmed global tokenized asset transfers, trading, collateralization, and settlement support in the upgrade.

Vijay Khanna, Director of Engineering at Ripple, said “This is a big update for the XRPL!” He revealed that the XRP Ledger upgrade had been in the works for a long time and had undergone multiple rounds of testing, an attackathon, AI scans, and other requirements.

Node operators are urged to upgrade to the new version immediately to ensure service continuity. It will require at least 80% validator support over two weeks to activate the XRPL mainnet to the latest v3.3.0 release.

XRP Ledger Upgrade Details XRP Ledger Operations revealed six amendments in the 3.3.0 upgrade are available for voting. The amendments are Confidential Transfer, BatchV1_1, DynamicMPT, PermissionDelegationV1_1, Sponsor, and fixCleanup3_3_0.

These will enable encrypted multi-purpose token (MPT) balances and transfers, atomic execution of up to 8 transactions, entity-sponsored fees and reserves, delegation of specific transaction permissions to other accounts, and issuer mutable MPT properties.

The XRP Ledger upgrade also includes a bundle of bug fixes (fixCleanup3_3_0), performance and stability improvements. The upgrade will further reduce memory usage by 10-15% after XRPL upgrade 3.2.0.

J. Ayo Akinyele, head of engineering at RippleX, claimed the upgrade “if approved, would continue expanding the XRPL’s capabilities for tokenized assets and real-world financial use cases.”

XRP Ledger Foundation contributor Vet noted XRPL 3.3.0 as “big,” featuring the world’s first XRPL privacy amendment, trustless swaps, OTC trading for institutions, and monetization of the App.

Mayukha Vadari, staff software engineer at Ripple, revealed other changes in the upgrade. These include improved online delete performance, 60 fixes for bugs uncovered by the AI red team effort, and optimizations to make xrpld easier to maintain.

A lot of folks will be talking about the amendments in this release (including me later), but I want to take a moment to discuss the non-feature-amendment changes in this release:
– 15+% reduction in memory usage
– Improved online_delete performance
– 60 fixes for bugs uncovered… https://t.co/BAzNynqngj

— Mayukha Vadari (@msvadari) August 6, 2026

Will XRP Price Rebound amid Buying in Derivatives Market? XRP price has dropped more than 2% in the past 24 hours as the Senate delayed Clarity Act vote until September. Ripple’s coin price is currently trading at $1.02, with a 24-hour range of $1.02 to $1.05. Trading volume increased by another 17% in the last 24 hours.

However, CoinGlass data shows significant buying activity in the derivatives market in the last few hours. The total XRP futures open interest jumped more than 0.67% within an hour and 1.02% in 24 hours to $2.35 billion.

Notably, Binance, OKX, Bybit, Gate and other crypto exchanges saw massive buying in the past hour. XRP futures open interest climbed 0.61% on Binance and 2% on OKX.

XRP Futures Open Interest. Source: CoinGlass Meanwhile, crypto analysts remained bearish on XRP price targeting $0.90, despite Grayscale’s GDLC ETF increasing XRP weight in the fund and growing institutional interest in XRP.

Traders looking to leverage this momentum can compare features on the best crypto derivative futures trading platforms to find competitive funding rates and deep liquidity.

With price action and momentum indicators indicating a near total lack of buying interest, Dogecoin has entered one of its weakest technical phases of 2026. Bulls have little indication that a significant recovery is in progress because the token's market momentum has essentially plateaued, even though it is clearly far from a literal price of zero. 

Dogecoin is barely recoveringDOGE is only slightly above its recent local lows, trading at $0.069 on the daily chart. More significantly, the asset keeps printing a string of lower highs and lower lows, demonstrating that sellers are still in complete control. Since June, every attempt at a recovery has been sold into, making it impossible for Dogecoin to build a long-lasting bullish structure. Technically, the situation is still very pessimistic. 

Every significant moving average, including the 20-day, 50-day, 100-day, and 200-day averages, is traded below by DOGE. The longer-term averages are still sloping downward, suggesting that the main trend has not altered, but the 20-day moving average is starting to flatten as the price consolidates.

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DOGE/USDT Chart by TradingViewBuyers still have a lot of work ahead of them, as evidenced by the difference between the current price and the 100-day moving average near $0.083. The declining 200-day moving average is located above that at $0.099, which is almost 40% higher than current levels. 

Any upward movement will probably be seen as a relief rally rather than the start of a new trend until those resistance zones begin to close. 

A little above oversold territory but still well below the neutral 50 mark, the RSI is currently trading around 40. This indicates that although the market's bearish momentum has somewhat subsided, buyers are still reluctant to invest enough to tip the scales. 

The declining participation indicates that many market participants are merely waiting for a stronger catalyst before re-entering the market, with neither bulls nor bears actively constructing new positions. 

The recent lows around $0.068 continue to be the immediate support. If that level were lost, new annual lows would be revealed and the current downward trend would be strengthened. The first minor win for buyers would be regaining the 20-day moving average, but the more significant obstacle is still the 50-day average at $0.074.

XRP's momentum isn't recoveringOn the daily chart, XRP is still under pressure, but recent price movement indicates that the bearish momentum is starting to lessen. As the asset continues to trade in an ever-narrower range above the psychologically significant $1 level, sellers seem to be losing confidence, even though buyers have not yet regained control. 

The overall trend is clearly bearish because every rally has stopped below the major moving averages. The recent consolidation, however, differs from the forceful selloffs that were observed earlier in the year. Rather than experiencing sharp drops, XRP has entered a phase of low volatility in which neither side can make a decisive move. 

Technically speaking, XRP is still below every significant moving average. The 50-day moving average is still declining around $1.09, while the 20-day moving average has leveled off slightly above the current price. 

XRP/USDT Chart by TradingViewBulls still have a long way to go before the long-term trend shifts, as evidenced by the 100-day moving average near $1.20 and the 200-day moving average around $1.39 being well out of reach. 

The sellers' lack of follow-through is one positive sign despite that bearish structure. The price has tested the $1.03–$1.05 range several times without triggering another wave of vigorous liquidation. Rather, candles have gotten smaller over time, indicating that selling pressure is gradually being absorbed. This is supported by momentum indicators. 

The RSI is not getting close to oversold territory, but it is still below the neutral level at about 40. Even though it has not yet turned into a bullish trend, this shows that bearish momentum has significantly diminished. 

Another sign that market participants are waiting for a catalyst rather than actively pursuing short positions is the decline in trading volume over the past few weeks. Even though the direction remains unclear until XRP leaves its current range, this kind of compression frequently precedes a larger move. 

Regaining the 20-day and 50-day moving averages would be the first sign that momentum is shifting for bulls. Until then, buyers continue to be drawn to the immediate support, which is still close to the psychologically significant $1 level.

Bitcoin's momentum is growingAfter spending several weeks consolidating above its June lows, Bitcoin is beginning to show signs of regaining bullish momentum. The most recent price action indicates that buyers are gradually regaining control as the market continues to defend the $64,000 support area, even though the overall trend has not yet completely reversed.

In contrast to the steep drops observed earlier this summer, the daily chart indicates a significant change in market structure. Throughout July and the first part of August, Bitcoin has set a series of higher lows rather than new lows, suggesting that demand is starting to withstand selling pressure. 

BTC/USDT Chart by TradingViewThe asset has been able to stay above the 20-day and 50-day moving averages thanks to this consistent accumulation phase — a technical improvement that was not present during the previous downtrend. 

While the 50-day moving average has leveled off following months of decline, the 20-day moving average has begun to rise. Although Bitcoin still needs to reclaim higher resistance levels in order to confirm a broader trend reversal, those developments typically indicate that bearish momentum is waning.

The bullish case would be significantly strengthened by a clear breakout above that level, which might pave the way for the declining 200-day moving average close to $72,500. The primary barrier separating Bitcoin from a confirmed trend reversal is still that longer-term indicator. 

Without going into overbought territory, buying pressure appears to have surpassed selling pressure as the RSI has risen back above the neutral 50 level to roughly 53. This allows for more upside in the event that volume starts to rise. Institutional conviction has not yet fully returned, as volume has remained comparatively moderate during the recent recovery. 

However, Bitcoin has been able to maintain its gains and keep constructing a stable consolidation range above support, in contrast to earlier rallies that were swiftly rejected. For bulls, the $64,000 area remains crucial. Holding above that support maintains the current pattern of higher lows and the recovery structure. 

A break below it would probably send Bitcoin back into a more extended phase of consolidation. Bitcoin seems to be returning to a positive technical configuration for the time being.

Matt, the host of the MoonLambo channel, has asserted that the current period of stagnation in the cryptocurrency market marks the closing stage of a mid-cycle correction, rather than the onset of a sustained bear market. He drew attention to a new Purchasing Managers’ Index (PMI) figure of 55.6 recorded in July, describing it as a significant macroeconomic indicator for digital assets.

Macro trends and XRP positioningOn his latest episode, Matt argued that XRP has reached a position of strength not seen in nearly a decade. He suggested that a significant rally in altcoins could unfold much faster than some bearish projections have anticipated, fueled by recent improvements in broader economic data.

At the time of the broadcast, XRP was trading at $1.05 and Bitcoin hovered at $64,770. Both assets remained range-bound, with little price movement during the session.

Despite this low volatility, Matt said investor sentiment has suffered, though he views the current consolidation as an opportunity for accumulation, rather than a sign the crypto cycle has concluded.

PMI crosses historic thresholdMatt spotlighted the July PMI reading of 55.6, which registered above the 55 mark for the first time in more than five years. A PMI figure above 50 typically indicates economic growth, but Matt emphasized that 55 serves as a more critical threshold for crypto market momentum.

Based on patterns from previous cycles, he indicated that cryptocurrency markets have historically responded with renewed energy three to six months after this PMI level is reached. He linked these timelines to expectations regarding debt refinancing, increases in market liquidity, and a potential shift toward risk-on investing as early as late 2026 or early 2027.

Matt also pointed to the Russell 2000 index, which he noted has seen a breakout since late December or early January, as evidence of capital moving toward riskier investments. He believes crypto markets typically trail small-cap equities in such trends, as digital assets occupy a higher risk tier.

Matt highlighted that a PMI above 55 may be the most reliable macro signal for crypto market recovery, predicting notable movement in the months ahead as broader economic sentiment turns more optimistic.

Technical analyses and future targetsSeveral analysts referenced on the show identified technical signals pointing to a potential uptrend in the market. Recon mentioned the prospect of a breakout for copper, and a comparative chart featuring copper versus gold suggested a growing preference for assets that perform well in expansionary cycles.

For XRP, technical analyst CW stated that reclaiming the $1.09 level would be necessary to restart a broader uptrend. According to levels shared by analyst Ali Martinez and quoted by Matt, holding support near $1.06 could target improvements to $1.35 and $1.64, while slipping below this region might lead to declines toward $0.80 or even $0.62.

Matt acknowledged that XRP may dip below $1 briefly, but he does not expect a new cycle low in the fourth quarter or a fresh market peak to be delayed until 2030. He reviewed other bullish forecasts, referencing analyst Cryptollica’s $20,000 target for Ethereum and projections of a $10 or higher price for XRP, but emphasized he was not offering a specific prediction.

In discussing technical scenarios such as key resistance levels and market momentum, investors have increasingly looked to diversify portfolios through platforms that offer access to a broader range of assets. 1stepSwap has emerged as a practical solution, bringing real-world assets such as major U.S. company shares and commodities including gold and silver onto the blockchain. The platform enables direct trading via wallets, bypassing complicated procedures and intermediaries, and uses technology to secure the best available rates for users in real time.

Technical analysts say that a decisive move above $1.09 for XRP would mark a shift toward renewed bullish momentum, while support at $1.06 remains critical to avoid sharper declines.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Evernorth Chief Business Officer Sagar Shah stated that the wider conversation about XRP, one of the market’s most watched cryptocurrencies, often centers too heavily on price rather than its practical utility. Shah expressed concern that the main function of XRP is frequently overshadowed by its continually changing value in the market.

Focus on utility, not priceXRP, developed as a bridge asset to enable faster and more cost-efficient cross-border payments, was not created solely for price speculation. Instead, its primary mission is to facilitate the movement of value across borders, currencies, and financial institutions with speed, minimal expense, and high reliability.

Sagar Shah pointed out that price is the most visible attribute of any digital asset, constantly refreshed and highlighted in financial headlines. However, he noted that genuine utility is reflected in the ways the asset is used, rather than the figure it trades at on exchanges.

Price gives a quick snapshot, but true value comes from how people and institutions use XRP to solve payment challenges and streamline global transactions.

As the adoption of blockchain solutions accelerates worldwide, Shah believes that this distinction between price and utility is becoming more significant. XRP’s architecture allows it to deliver instant settlements, eliminate the need for pre-funded accounts, and reduce transaction costs, all of which make it appealing for real-world payment applications.

XRP Ledger and institutional adoptionUnlike many coins primarily driven by retail speculation, XRP’s foundation as a bridge currency for global payments differentiates it as a utility-focused asset. The XRP Ledger, the network’s open-source blockchain, is engineered to support high-value, fast, and reliable transfers between financial entities.

Recent on-chain data shows XRP leading among the top ten cryptocurrencies for average transaction size, suggesting an increasing concentration of large-scale, institutional-grade transfers on the network. As this trend develops, more entities are reportedly adopting the XRP Ledger to settle payments and tokenize traditional assets.

Evernorth, a company specializing in business solutions within the financial and healthcare sectors, has also begun expanding its XRP treasury strategy. This step signals growing institutional confidence in the asset’s potential to play a significant role beyond trading and speculation.

Mini dictionary: Evernorth, a company providing health services and business solutions, is a subsidiary of Cigna and is expanding its strategic use of digital assets for financial operations.

The future of XRP is less about its current trading price and more about what it enables for banks, payment providers, and businesses looking to modernize financial infrastructure.

Metrics shaping XRP’s futureAs adoption grows, indicators beyond price—such as transaction volume, on-chain activity, and levels of institutional participation—may offer a more precise gauge of XRP’s ongoing relevance in the sector.

Evernorth described its vision for XRP as being a next-generation settlement engine capable of connecting traditional finance with blockchain-based infrastructures through the XRP Ledger. This vision underscores the coin’s role in addressing systemic inefficiencies in cross-border payment networks.

MetricXRPTop 10 Crypto AverageAverage transaction sizeHighestLowerSettlement speedNear-instantVariesMain use caseGlobal paymentsSpeculation/VariedAccording to Shah, XRP’s growth as a foundation for financial infrastructure could become the primary signal for long-term success—far outweighing short-term movements in market price.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Ripple‘s full regulatory authorization from Luxembourg’s financial regulator in July underscored the company’s position at the cutting edge of fintech and digital assets.

What Ripple’s EU License Actually Unlocks?According to a Ripple blog post on Wednesday, the company received its Crypto Asset Service Provider license from Luxembourg’s regulatory body CSSF. 

It is now one of the few digital asset firms with full MiCA authorization, pushing its total global regulatory licenses past 75.

Ripple’s own 2026 Global Digital Asset Survey found 72% of European fintechs believe digital asset solutions will become a required offering for financial institutions. 

Another 44% expect stablecoins to become the default for cross-border payments within five years.

Regulatory clarity was the top concern holding firms back, making the CASP authorization a direct unlock for institutions considering Ripple as a partner.

Meanwhile, BBVA built digital asset custody for retail customers in Spain on Ripple’s infrastructure. 

Moreover DZ BANK, Germany’s largest depository bank with €350 billion in assets under custody, launched one of the country’s first institutional digital asset custody platforms on the same rails. 

Ripple Payments now supports payouts across 60-plus markets on 51 real-time payment rails, backed by 20-plus banking partners and over $100 billion in total volume processed.

Why XRP Is Still Falling Despite The Good News?

XRP ETFs recorded a $3.58 million net outflow on August 5, the first negative session since July 8, according to SoSoValue.

XRP (CRYPTO: XRP) is down on Thursday after the two-month descending triangle broke cleanly through the $1.05 floor. 

That level now flips to resistance on any bounce attempt, with the Supertrend bearish at $1.1365 and all four EMAs stacked overhead as a wall of resistance.

The measured move from the triangle breakdown targets $0.90 to $0.92. The $1 psychological level is the first stop.

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The ProShares Ultra XRP ETF (UXRP), a leveraged exchange-traded fund seeking to deliver double the daily performance of the Bloomberg XRP Index, has fallen sharply since its launch in July 2025. The fund has declined more than 94%, reflecting ongoing challenges for XRP-focused investment products.

UXRP struggles highlight razor-sharp risks of leverageAs of early August 2026, UXRP was trading around $10.30, marking a steep drop of approximately 95.5% from its 52-week high of $231.20. This plunge outpaced XRP’s own slide, as the digital asset hovered around $1, according to CoinGecko.

UXRP is structured to magnify XRP’s daily price changes using derivatives. Unlike traditional ETFs, leveraged funds like this are specifically tailored for daily trading and are not suited to long-term investors. The ETF’s leverage resets at the end of each trading day, which can lead to long-term performance diverging sharply from the underlying cryptocurrency.

This divergence results from volatility drag—also called beta slippage—where leveraged ETFs lose ground in unsettled or sideways trading conditions.

Mini dictionary: Volatility drag (beta slippage), a compounding effect in leveraged ETFs where returns trail both the leveraged and unleveraged assets when market conditions are volatile, due to the daily resetting of leverage.

UXRP amplifies XRP’s daily moves via derivatives, but its long-term performance can lag far behind XRP itself due to volatility drag—making it unsuitable for buy-and-hold investors.

Leveraged ETFs like UXRP are widely used by active traders or quantitative investors seeking to capitalize on short-term price swings. Despite this, a niche group of retail traders and traders involved in the Financial Independence, Retire Early (FIRE) movement have occasionally chosen to hold leveraged funds, sometimes achieving outsized gains in bull markets, like those seen with the TQQQ (3x leveraged Nasdaq-100 ETF) from 2010 to 2021. However, leveraged funds can underperform over time if markets remain volatile or move against their position.

ETFLeverageLatest Price52-Week High% Decline from HighUXRP2x$10.30$231.2095.5%XRPNone~$1.00——Spot XRP ETFs experience tough year as market weakensSpot XRP ETFs have also suffered throughout 2026, in line with broad weakness in the digital asset market. The arrival and approval of these spot ETFs in late 2025 was regarded as a landmark in cryptocurrency regulation, giving both institutional and retail investors regulated access to XRP without having to manage digital wallets or private keys.

Since their rollout, spot XRP ETFs have attracted $1.5 billion in cumulative initial inflows. Despite healthy early interest, the subsequent downturn in XRP’s price has put significant pressure on these products.

All leading spot XRP ETFs have posted year-to-date losses of more than 40% as of August 2026, with the market downturn affecting all major players.

The Bitwise XRP ETF, holding about $304 million in assets under management, has dropped around 43.2% since the start of the year. Canary Capital’s XRPC fund, which manages nearly $248.9 million, has also lost about 40.4% year-to-date.

Spot ETFAUMYTD ChangeBitwise XRP ETF$304 million-43.2%Canary Capital XRPC$248.9 million-40.4%Despite the losses, these spot ETFs continue to attract modest inflows, indicating that some investors remain optimistic or are averaging down in anticipation of a market rebound.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Jake Claver, CEO of Digital Ascension Group and a well-known commentator in cryptocurrency circles, has once again sparked debate within the XRP community by asserting that significant institutional entities are accumulating XRP, although these activities remain largely undisclosed to the public. Claver stated that, should XRP become core infrastructure for international finance, its current price will pale in comparison to potential future valuations.

Controversial track recordClaver’s history of XRP price projections has attracted skepticism, especially after high-profile predictions fell substantially short. Throughout 2025, Claver publicly predicted XRP would reach $100 by year’s end; however, the token concluded the year near $1.87, a figure nearly 98% below his target.

Despite the missed forecast, Claver maintained his outlook, attributing the gap to extended timelines and referencing Ripple’s multi-year efforts as evidence that global financial infrastructure gains are slow. He did not withdraw his position, but instead escalated his claims for 2026, highlighting recent comments from Ripple President Monica Long about advancing institutional adoption. Claver set new targets of $750, and even suggested that XRP could attain $1,500 to $2,000 by the close of the year, with an ultimate long-term target of $1 million per token, if global financial transformation takes place.

Major institutions are accumulating XRP without saying much about it publicly. If XRP becomes core infrastructure for international finance, the current price won’t look like much in hindsight.

Claver’s recent remarks received a polarized response online. Some community members were openly critical, with one individual remarking that previous predictions have missed the mark, reducing the weight of current claims. Another commenter described sacrificing over nine years based on XRP’s potential, sharing frustration over the prolonged wait and personal impact.

Others responded by referencing XRP’s current price, sharing screenshots of the token trading at $1.075 and expressing disappointment. Critics also reminded Claver of past price targets of $1,000 set for December 2025, highlighting the significant gap between prediction and reality.

Support from certain quarters remained, however, with one commentator suggesting Claver should refer to XRP’s future in more certain terms, while others debated the implications of phrasing such as “if” rather than “when” regarding XRP’s role in the financial system.

Institutional signals and market monitoring toolsClaver holds that institutions may be steadily building positions in XRP away from public attention. Reports have cited Ripple’s 1,700 non-disclosure agreements with banks, governments, and large corporations as evidence of institutional readiness and market potential. If these arrangements translate into widespread adoption, proponents argue that demand for XRP could rise sharply, even if such effects have yet to be reflected in current trading levels.

For those tracking real-time developments and price swings in assets like XRP, comprehensive monitoring tools become essential. CryptoAppsy, for instance, offers users multi-currency portfolio management alongside real-time pricing, interactive charts, and customizable news filters. With features like macroeconomic data tracking and smart price alerts, market participants can monitor potential breakouts, track institutional signals, and react quickly to shifting trends, aiming to stay ahead in a rapidly evolving sector.

Ripple’s engagement via extensive non-disclosure agreements may indicate large-scale institutional involvement behind the scenes, a factor closely watched by those anticipating future market moves.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

XRP, one of the most popular altcoins, is attracting attention due to whale transfer activity, particularly on Binance.

CryptoQuant, a cryptocurrency analysis platform, has reported a significant increase in the influence of large whales on Binance for XRP transfers.

According to CryptoQuant data, the seven-day moving average of whale dominance in XRP outflows from Binance rose to 81% on August 3rd. This was the second highest level the indicator has reached since June 11th, when it was 81.3%.

On the same date, the share of outflows by individual investors on Binance decreased to 18 percent. This rate was equal to the level seen on June 11th.

The data showed that approximately four-fifths of XRP outflows from Binance originated from whale-sized transfers, while less than one-fifth came from individual investors.

However, a more balanced distribution was observed across all centralized cryptocurrency exchanges. As of August 3rd, whale dominance in XRP outflows across all centralized exchanges stood at 72%, while individual investors’ share was measured at 27%.

Thus, whale dominance on Binance was approximately 9 points higher than the overall average for centralized exchanges. Individual investors’ share, on the other hand, remained 9 points lower than the overall market average on Binance.

CryptoQuant also noted a change in the XRP outflow pattern across centralized exchanges compared to July 2nd. During this period, whale dominance decreased from 79% to 72%, while the share of individual investors increased from 20% to 27%.

This shift indicates that XRP outflows across the general market are less concentrated among large investors, while signaling a resurgence in whale participation on Binance.

According to CryptoQuant, the divergence between the two datasets reveals an exchange-specific shift in the structure of XRP transfers. Large investors account for a significantly higher share of Binance withdrawals compared to centralized exchanges in general.

*This is not investment advice.

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BitMEX to delist XRP, ADA, ETH, and BTC futures ahead of shutdown on Sept. 23

According to Gemini, PI has the potential to skyrocket by 100x, but only under specific conditions.

Ripple’s cross-border token has fallen by 65% over the past year, while Pi Network’s PI and Cardano’s native cryptocurrency have crashed by around 73% over the same period. This has happened amid a prolonged bear market that has caused the entire market to bleed heavily.

Yet, many analysts believe that a new bull run may begin in the coming months, while the four-year cycle supports their theories. On that note, we asked three of the most popular AI-powered chatbots whether XRP, PI, or ADA will perform best when everything starts booming again.

XRP’s Chances According to Perplexity, Ripple’s cryptocurrency has the cleanest risk-adjusted setup to outperform during the next bull run. The chatbot claimed the asset is quite trending among institutional investors and noted that it is perhaps the most popular among the trio.

“XRP is favored to deliver the most consistent, risk-adjusted gains among the three, with a realistic path to new cycle highs if ETF and payments narratives stay hot,” it added.

Perplexity also reminded that Ripple’s legal battle with the US Securities and Exchange Commission (SEC) has long been resolved, and that the absence of regulatory uncertainty can only benefit XRP during a potential market uptrend.

Additionally, it highlighted the company’s global expansion, major investments, and strategic partnerships inked over the past several months that have solidified its presence in the financial and crypto sectors. One of the biggest acquisitions came in April 2025 when Ripple purchased the prime broker Hidden Road for $1.25 billion.

Examples of its broader international growth include the collaboration with the South Korean KBank, which plans to use Ripple’s network and infrastructure, as well as the entity’s ability to secure a MiCA license and continue its operations in the European Union.

ADA’s Potential ChatGPT agreed with Perplexity that XRP has the strongest institutional foundation. It noted that it is the largest cryptocurrency of the three with deeper liquidity but at the same time argued that it might find it difficult to achieve larger returns than ADA in a future bull run.

You may also like: XRP Forms Long-Term Pattern With $27 Price Target: Analyst Important Cardano News and ADA Price Update: August 5th Important Ripple News and XRP Price Update: August 4th OpenAI’s platform claimed that Cardano’s token could be the best overall bet after noting that a huge chunk of the total supply is already in circulation, which makes the risk of dilution less than with XRP and PI.

It predicted that in an “extreme euphoria” case, ADA could skyrocket to as high as $5. It is important to mention that the asset has enjoyed a solid revival over the past week, with its price rising by roughly 17%. Its positive performance comes on the back of whale accumulation and renewed interest from traders, while many analysts think a much more substantial upswing could be on the way.

PI: The Moonshot Bet Google’s Gemini claimed that XRP and ADA both have chances to rally hard during the next bull run, yet it set its attention on Pi Network’s cryptocurrency.

It said the controversial project has one of the largest community bases in the crypto world, adding that it has the potential to experience a whopping 100x explosion should it solve its ecosystem issues and get listed by the leading exchanges.

Recall that Binance hinted at such a move last year but has not yet done so. Coinbase, Bybit, and many other well-known names also prefer to stay away from PI at the moment.

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After a green July, the crypto market entered August against geopolitical and macroeconomic tension. Yet recent on-chain signals show smart money quietly positioning across the majors.

Large holders are adding Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) as prices sit near or below their realized prices, according to CryptoQuant. The firm reads the buying as a sign that the downturn is in its final stage.

Whale Accumulation Continues Across Major CryptocurrenciesGlobal markets have pulled ahead while Bitcoin stalled. Equities set fresh records into early August, but Bitcoin held near $64,700, up just 1.5% from a week earlier.

Bitcoin (BTC) Price Performance. Source: BeInCrypto MarketsBeneath that flat price, the largest wallets kept buying. Bitcoin whale balances, excluding exchanges and mining pools, climbed to about 3.06 million BTC.

However, it still sits below the 2025 bull-market peak of roughly 3.23 million, leaving room for more accumulation. 

Ethereum tells a sharper version of the same story. Wallets holding more than 100,000 ETH added about 1.8 million ETH since mid-2025, a rise of nearly 70%. Meanwhile, the 1,000-to-10,000 ETH cohort cut its holdings to 12.9 million from 15.6 million in January.

In XRP, order sizes remained in “big whale” territory while the token held its range near $1, suggesting absorption rather than aggressive buying. BeInCrypto also highlighted that XRP inflows to Binance have fallen to a record low.

Taken together, the on-chain data suggests whales are treating the current period as an accumulation opportunity. Beyond large-holder buying, adoption indicators are also improving. 

Holder counts across major cryptocurrencies have climbed, reinforcing the view that network participation is expanding even as market sentiment remains cautious.

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📰 Adoption Keeps Building Beneath Flat Markets
🔗 Chart Link: https://t.co/WWRJCRWUao

🪜 Holder counts keep climbing. Over the past two weeks, Ethereum has crossed 200M non-empty wallets for the first time ever, XRP Ledger and USDC (on Ethereum) crossed 8M, and Chainlink… pic.twitter.com/12EAOpGCXx

— Santiment Intelligence (@SantimentData) July 28, 2026 CryptoQuant also noted that valuations are approaching historically undervalued levels. Bitcoin and XRP remain close to their realized prices of $52,900 and roughly $0.75, respectively. 

Ethereum appears even more discounted, trading well below its realized price of about $2,450. According to the firm, such conditions suggest “late-bear-market zones.” Other signals also indicate the bear market may be approaching its final phase.

📊 The supply in profit is still hovering around 50%, standing at exactly 52% today.

This means that nearly half of all BTC are currently being held at a loss.

👉 This is a key pivot level that, during every bear market, eventually shifts to the side where more coins are held… pic.twitter.com/rugwJwQJyf

— Darkfost (@Darkfost_Coc) August 5, 2026 Why the Crypto Market Bottom Is Not Yet ConfirmedWhile accumulation lowers downside pressure, it does not confirm a floor. CryptoQuant stressed that prices could still fall further before the market turns.

“Risk-reward has improved markedly, but is not fully de-risked. Downside pressure is lower as large holders accumulate, signaling the last stage of the bear market — yet from a pure valuation standpoint, some further downside remains possible before a confirmed floor,” the report read.

Analysts elsewhere echo the mixed picture. Glassnode has described the bottom conditions as “assembling but incomplete.”

“Bottom signals assembling through boredom, not capitulation; still short of every prior bear’s floor,” the firm wrote.

For now, whales are buying weakness the market has yet to reward.

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Binance Updates Its Reserves: How Much Bitcoin, Ethereum, XRP, and Altcoin Does the Exchange Hold?

A new proposal submitted to the XRP Ledger Standards repository could fundamentally change how multi-signature transactions are handled on the network. The initiative, called On-Chain Cosigner, is part of the ripple:native Ledger Standards framework and was authored by Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari, a software engineer at RippleX.

The Problem With the Current Design Multi-signature on the XRP Ledger is a security feature where multiple parties must jointly authorize transactions from a single account, with a shared account able to require multiple signers to approve a transaction before it can be submitted. The mechanic is widely used for treasury management and custodial services, but its current implementation has a meaningful operational gap.

Under the existing system, signers coordinate off-chain, meaning a single coordinator is responsible for collecting individual signatures and combining them into one submission. XRPL community member Vet has noted that if the coordinator loses signatures or goes offline during that process, the entire transaction can fail. The proposal identifies that off-chain dependency as the core weakness it is designed to address.

The On-Chain Cosigner proposal aims to improve multi-signature transaction coordination by enabling signers to approve transactions directly on-chain. By moving the collection and combination of signatures onto the ledger itself, the new design removes the single point of failure that currently sits with an off-chain coordinator.

What It Means for Institutional Users Multi-signature functionality on the XRP Ledger enables accounts to require multiple cryptographic signatures from different keys to authorize transactions, and this enterprise-grade feature serves crucial roles in organizational treasury management, personal security enhancement, and shared account control scenarios where no single party should have unilateral authorization. Supporters of the On-Chain Cosigner proposal argue the upgrade would directly strengthen those institutional workflows by making the signing process more resilient and predictable.

RippleX developer Mayukha Vadari has previously emphasized that the ledger's progress should be measured by long-term improvements like infrastructure, liquidity, and institutional readiness rather than just transaction volume. The On-Chain Cosigner proposal fits squarely within that philosophy, targeting a structural improvement rather than a headline feature.

The proposal has been formally submitted to the XRPL Standards repository and is now open for community review. No timeline for a vote or activation has been confirmed.

Sources:
XRP Academy: Multi-Signature Functionality on XRPL
Coinpaper: RippleX Dev Explains XRPL Upgrades Beyond Transaction Volume

For most of 2026, Ripple [XRP] has been seeing real network usage, which has helped the price stay above $1. All this while, the altcoin’s price has struggled to recover from its all-time high of $3.84, which was reached nine years ago.

Capital inflows into the ecosystem have come from various fronts. Recently, XRP ETFs have shown signs of revival, but the real-world asset (RWA) sector seems to be the quiet driver of XRP Ledger activity. Here is why.

XRP ETFs show signs of revival in August In the month of July, XRP ETFs experienced weak inflows that were characterized by zero-flow and low-flow days. However, as the month came to an end, the products showed signs of revival.

Since the 29th of July, inflows have been positive for the past four consecutive days. Over these days, XRP ETFs have pulled more than $15 million in capital, with the largest inflow being $7.69 million.

Source: SoSoValue Still, looking at the broader picture, the XRP ETF inflows were below par. The monthly totals have been falling. Over the past three months, these ETFs pulled $219 million, a fraction of what flowed into the XRP Ledger.

So what else was the source of capital inflows?

A look into XRPL’s RWA market activity growth! During the past 90 days, XRP Ledger recorded net flows of more than $1.20 billion, including stablecoins. This placed XRP Ledger behind Hyperliquid’s [HYPE] HyperEVM, TRON [TRX], and Solana [SOL], respectively.

Apart from ETF inflows, the RWA sector played a quiet role as it gained momentum slowly.

That is, the represented tokenized asset value on the ledger exceeded $4.959 billion, a growth of 2%. This was about 1.25% of the total $398 billion in assets represented across all blockchains.

Despite XRPL’s small share of the overall RWA market, it represented considerably more capital than XRP ETFs. The capital dwarfs even the 3-month ETF inflows of $219 million.

Source: rwa.xyz On top of that, the number of RWA holders climbed over 25% over the past month, reaching 199. Additionally, stablecoin holders on the network rose to 60.24K.

In that case, it indicates that despite ETF inflows being back, the real institutional signal was the RWA activity building on the ledger itself.

All of these factors create a bigger demand for the native token since the economic impact is not one-to-one. This is because Ripple is simultaneously benefiting from XRP ETFs and as an RWA tokenization venue.

Final Summary XRP ETFs see four days of straight inflows, hinting at a potential return despite declining monthly totals.  Ripple’s RWA holder increased by 25% as tokenized assets on the ledger nearly reached $5 billion. 

A new technical proposal aims to overhaul how multi-signature transactions are managed on the XRP Ledger, targeting a long-standing coordination challenge for institutional and enterprise users.

XRPL ‘On-Chain Cosigner’ proposal introducedThe “On-Chain Cosigner” proposal, submitted to the XRP Ledger Standards repository, seeks to enable native on-chain coordination for multi-signature (multisig) approvals. Its authors—Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari—say it would eliminate the need for communication through external channels and centralized coordinators.

Currently, the XRP Ledger already allows for multi-signature transactions. However, according to the proposal, the process forces participants to coordinate and collect each signature off-chain, commonly through email or other means. This introduces additional points of failure and can complicate enterprise workflows.

On most blockchain networks, including current XRPL implementations, multi-signers are required to coordinate signatures off-chain or use smart contracts. Native on-chain coordination would offer a completely decentralized solution.

Prominent community member Vet emphasized that this proposal would address “the last mile” problem in XRPL’s multisig approach, streamlining both security and user experience for institutions controlling large pools of funds.

How the new system would workIf adopted as an official amendment, the proposal outlines a process where a participant creates a TransactionProposal object directly on the XRP Ledger. This object, containing the full transaction payload, would be permanently stored on-chain, making the transaction immutable and visible to all authorized signers.

Each party could then review the transaction and add their cryptographic signature directly on-chain. Signatures would be validated in real time as they are submitted, allowing the approvals to accumulate within the proposal object itself.

When enough signatures have been collected to meet the required threshold, any participating signer could broadcast the completed transaction to the network for execution. There would be no need for any additional manual assembly or communication to complete the process.

Mini dictionary: On-chain multi-signature (multisig) refers to the process of authorizing a transaction by having multiple private keys sign off, with all coordination and recordkeeping happening directly on the blockchain itself rather than through external, off-chain processes.

Institutional focus and next stepsThe proposal particularly targets enterprise and institutional users, who often operate in regulated environments with strict custody requirements. By keeping the entire approval workflow on-chain, the system reduces risks tied to communication failures, lost signatures, or coordinators going offline.

Proponents argue this upgrade would not only enhance security but also improve efficiency for complex financial operations such as fund custody, asset management, and treasury activities.

If the amendment is adopted, organizations using the XRP Ledger would be able to structure their transaction approval workflows in a more streamlined and robust manner, without exposing themselves to vulnerabilities from external coordination.

The proposal must still undergo community review and the XRPL’s standard amendment process before any official deployment, and there has been no confirmation of a timeline for activation.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.